Scolllsh Charity No.SC044551 Dunfermline Free Church of Scotland Trustees, Report and Financial Statements Year Ended 31 December 2024
Dunfem]line Free Church of Scotland Contents of the Flnanci¥] Ststementsfor the year 3J l)ecemher 2024 PAGE Church Inforniation Rcport of thc Trustccs (iRcluding Accoullting Proccdurc5) RcFM)rt of th¢ Indcpcndcnt Examincr Receipts 2nd Paytnents Accournts Statcmcnt of Balanccs Accounts Notes to the Receipt5 and Payment5 Accout]ts
Dunfermline Free Church of Scotland Chllreh Informalion Addr9 36 Maclean Watk KYI I8TX Tel= 01383 791480 wiviY.dft.scot BaDkers Royal Bank of Scotland DuDfenlllille (C) Brallch 52-54 East Port Dunferniline KY12 71tB Inde endent Exa in¢r Page I
Dunferniline Free Church of Scotland Report of the Trust¢ The TTUStees ar¢ pleased to presellt their Teport togetheT with the financial stst¢rnents of the Churoh for the year ¢ndcd 31 Dccco)b¢r 2024. Status of Charity &nd Cloverning Document DunmAne Free ChurLh of Scotland is eslablished by Constitution. Th¢ churLh is a Scottish Charity (No. SC044551)- Ain and Affiliation 11]¢ Frc¢ Church of S¢oiland ¢urr¢ntly has a signiflcant number of congrcgations in &otland. as Ivell as in London. North Atner]C and sister Churches fouiided by migqic)n work iii Indi4 Pern and Souih Africa. The Cbur¢h also has. a full_tiTne college in the heart of Edinburgh for the training of Minist¢rs and otlicr Christian ivorkers and sustain5 an ¢xtQD5ive Missionary progrdmn]e relativ¢ to the si7.& ot the ¢hur¢h. DattDg from 1843 but Ivith its roots in the KefoTmation. it owes its distinGtive title. to its historical stniggle to remaio 'free' from stste interfer¢nc¢ in its intemal affairs. It lias ¢losY and active ielalioiis iyith Inany other RefonDed churches of Jesus Christ throvghout the iyorld and slallds fittnly in the tradition which aCpt5 ihe Bible in its entirety as the Ivord of CTnd and. therefor& derives its forni% of teaching. Ivorship, ministry llnd gov¢rnm¢nt froni it. 'L1J¢ ]niiit2 ¢Jllphasis of our worship is the preachin8 of the Sctrqpel - the good nuvs of a free and sovereAEtt salvation throiigh Jesus Christ alone. Diinfcrnllitie Free ChuTch of Scutland (known as City Chiirch-) is a cOn820n of the natioft#l Fre¢ Chiiirh of Scotland working towards ih¢ conmnon aitns sol out above. It is a Presbyterian church adhering in its worship and doctritle to th¢ positii)n ol'th¢ Church ot Scotland at th¢ JiofomLatio]]. Thc f¢ Church ot Scotland lias an cxplanalory documeiit B.hich explains Ihe origills ofihe Cliuruh and ivbiLh gi%'es th¢ historical ba¥Wound io ibe ChurLh LUmill¥ into being in 1843 and lists documents in Thhich És cmbodicd thc constitution of tllc Cburch. The congregation is authDrised by the Church io have & minister pllid from central funds of thc Church. The government of the Free Church of S¢oiland is Pr¢sbyc¢rian and th¢ conwgation is within the Presbytery of Edinburgh & l)crth. Trustees oific¢ ¢r$ The Church is Presbyterian in government and its d&y-ta8Y runntns is undertakett by I1 Eldus (the Kirk Session) the Deacons (the Deacons. court). The Deacons. Court's spccific function rclatss to the material and fman¢ial busille5s of the congregation. iYhere&s r.Iders aT¢ ¢haTged ivith the genetal and 8piritual over.sight of tlie congirgatioiis. It is aLl¥Ptcd practicc ror the MiDisler Eldep4 tv also be in membership of the Deacons. Court. Under charty law the Deacons. Court are deemed to be th¢ Tiust¢es of ihe Congr¢galion. This is distillct from the role of congregational trustees rwonsiblc only for holding prop¢rty in trust. The Deacons. Court (the Tn]stees) Ivho served during the year We a5 follows:_ L)eaLonsl Court Elders Deocons Minitslgr Congregati01181 Trug For holdin8 property-
Dunfern]line Free Ch'ch of Scotland Report of the Tru%tees Appointmettt of Charity Truste The Kirk session exercises its discretton in deterniining the most appropriate metliod of eleeling new Trustees (Elders De08). Any election pro¢¢ss must involi'e the communicant meJnb¢Tship of the congreivation. There is no fixcd tEllll for I'rusic¢ship. E¥ior to thoir appointmenL new TnleeS would have served the Church for.sixn¢ time in varioiis rolcs and would be famRliar witli the Church's values, ils #itns #nd obje¢tiYes as ivell as its day-to-day (Iperations. As part of their induction progrnmm4 neiv Trustees are reqiiired to understsnd their statOry responsibAlitie9 as Ivell &s ttL¢it r¢sponsibility as Elder or Achievcments and PerforniAnee During the ye. the Church Tnet regularly for worship and rrI¢d out various activities in pursuit of thr aEN)Ye slalcd aiKll5. The cOngatiOn Continued its commitment to support the NAtional Fr¢c Church of Scotland both spiritually and finanGially. Si8nifi¢ant liishlighis. events olld d¢vclopuJ¢nts of notc in thc ycar iftcliidc tli¢ foliui¥in& - In Tclation to congr¢2ational activities: Weekly ivorship servftces ivere held in Masterton School and fortnightly evenillg seTYices iveTe held in DLmfem]line East Church. The conEytgAlion Lontinued to opera* as Neiv City Church alier adopiiD8 the natn¢ in May 2022 as & 'known as. name. tll Aiigust 2023. lepped uur Tninister. The congregation actively sought a AV full titne mtnist¢r and has niadL subsi&niial steps in securillg someone for this role from April 2025. n continued employment ILS a 'Minister in Trainiiig, until July 2024, afler ivhicty he bds lakcn up a perInent wsitiUTL in another Free Church. In rclation io congregational funding.. Continllcd ¢ommitn)cnt from church metnbers via iveekly offerings and Gift Aid donatinng. The congregation Lunlinues to Tnake Monthly repayments to the Free Chiircb of Scotland afier securing a lostL from the tnistees to purch&8e 36 Maclean Wa]k. DLmf¢Tmlill¢. KYI18TX. Financial revieTY Prln£'lpnlstwfL¥& offtsiiilinx The congreg8tion ttceives it funding by way of weekly offerings and Gift Aid donations. Ihryfor The financial statements for the year are set oiit ort pages 5-10. The Ststem¢nt of Finall¢ial Activtttes reflects n¢t in¢oming resources of £99,180 (2023 - £94.306). an increase of 50h on thc prior ycar. Reserve It is the policy of the cOngation to maintsin utllrstricted fund% i.c. funds not committcd or invested in asSCt4 at a l¢Yrl IvILi¥h rquatcs to approyimalcly three rnor•tlis unTeslricted eXpendIre. This alloivs Sufficient ndS to enable Ilie ongoing wotk of the church to be maitttain¢d. Th¢ G¢n¢ral Fund at 31 Lkcemb¢r 2024 amounted to £37,785 (2023 - £17,1861. Tu1 Frscrvc.s. cxcluding ihe neL b(x)k valu¥ of fd asset5. the carying value of other debtors and accmed expertses but including balances on restricted fullds atnounted to £37.785 (2023.. £24.084). GTllncMuklngPollry The ¢ongrcgation make5 grants from its gift income to individual and organisations ivhose aims ar¢ compatible with the con8regalion's objectives. Stalem10 Rlsk The ljustees a8%e.5g ihe major risk8 to the ¢ot)gregatioii is exposed on an ongoing basis and havc cstablished pnKedLLr¢s tu initioale th()se th(It iclentified 1 re5111t Df these revieivs.
Independent EX1]8 report to the Trte¢S olDvnfernllu Free Church_ SC044551 l OD th¢ accounts ofthe clwity for tknyear ¢nded 31°1)ecemberW24 whith #re s¢t ollt pages I to liespeetive respoD&l)ilitie8 of truslets and lDer Th¢ charity's trStee5 are Te5p)nsible forthe prepatalion ofthe acixjunts in ac¢ordancewith the ternjs of the Cl]8rthes and Trustees (Scotland) Act2005 andtkn Cjwities A¢counts (Scotland) Regulations 2006. Th¢ charitytnLYtees LY)n$ider that the alldAt TeqUlr¢4nt of Regulation l(Yl) {d) of Accounts RegUl10S doeb not appty. It is my responsibility to ¥tOethe acwunts &% required uodcr section$ 44(1) (CJ of the Act aDd to state eth¢rPartIcuIar matters have comc to my attcntiO]L Jlasfis of Ittdependent esaminePs slaternent My examillaiion is carrAed out in accordan¢e with lle8ulati( I l of the Cborltios Accounts (ScoiIW) Regulati0Th8 2006. An examinatioTr includ¢s a reyiew of th¢ accounting records kept by the ¢Ilty &nd a comparison of the avcouatspres¢nte4J with those Teoxd& It also ]la¢S consideralion of any urnisua] lten. 0rdisclosuS in the accounts and seekg explanatio from the truskes cOnnU]g any suc.h rnatte 'tbe procedur<%' undertaken not w)vid¢ all the ld¢Ce thatwould be requllyd in #n audiL and ¢OiLwuenty I (lo not CXPAE55 aD audAt opinion on the view gtven bythe accou Iodependellt 8tstem¢DI tn the cours¢ of my &vminhtlo no matter has com¢ to my att¢utio which gives m¢ reasonable Cause to believe that io any material respect the reqUinIen1&. to keep aceountiDg rewtdg in accord with Se¢tion 44(1) (a) of the 2005 and Regulation 4 of th¢ 2006 kncounts Regulatio and to prepare accounts which accord with the acCotIng recoras and compfy with licgulation 9 of the 2006 Accounts R¢Bulation8. hai'c nnt hecn met.
Dunfermliiie Free Church of Scotland SC044551 Rcceipts and Payments Accounts For the yvar ¢nd¢d 31 De¢¢mb¢T 2024 unTtriCt¢d Funds UDre5tri¢ted Funds Ciemer*l Designated Flllld Funds Restrlcted Funds Total 2024 Total 2023 Reeeipts Bard( interest MiAister-in-trainino Grant Door collections and Envelopes (hher Income StaDdiD. Ord¢r5 & Cbarilics Tru5¢ TLY recovered on gift aid giving 464 464 2.750 229 2.750 9.257 5,026 63,997 10,548 8.194 69.366 10.963 8.194 69.366 10.963 Total R¢¢¢lpts 43U 750 94,306 Paymenls Payxientsfor arlIble a1vleS Charity donotlOD5 Cnpyright l.icence Minister-in.tr2ining Salary Iloftation F.nYelopes Galasbiels Plant Garden Setvices Gift Aid Admin 1.670 163 1.670 163 7.456 49 1,020 278 256 773 625 7,456 10,876 76 1,020 159 122 764 4,867 2.962 3,609 19.345 1.425 1,128 1.465 281 403 49 1,020 278 256 773 Manse & Office Expe$¢9 MdDSC CuLlllCJ] T&x M8nse Heat & Light Mat)sc keaYm¢llts Mini5teVs leavillu ¥UMI far¢w¢ll Millist&s Trdvel MiDisty Presbytei} Du¢s Pulpit Supply Rcmittallcesto Ccntral funds Setvice & Misc Eipenses 'I-¢lephone Venue Rental Website & Publication5 Youth Expenses Govern¢¢ costs IndepEudentExwllinalioD 680 20,123 20.123 157 171 2,500 46,801 351 157 171 2.500 46.801 351 792 ?60 678 64 1.371 .213 118 1,4iO 118 1,450 250 250 250 Tolal Payment5 78.023 156047 7,456 85.480 94,557 SuTp1[(DrfIt) fDr thE year 18,41Y7 (4,706) 13,71XI (250)
Nel movemenl In funds after tr#nsfers 18,407 24,085 (4,706) 13,701 24,O¥S (250) 24J34 Totalfunds brouJ]t f(Kward Totsl fund5 carried fonvard 42,492 (4,706) 37,785 42,492 2£OA4 29,710 Represented by: UnrufricledJunds lienernl Pljnd DesIgned Funds Re5tr1dÉd Triin(ts 2024 2023 37,78? 17,186 6,898 24,084
Dunfermline Free Church of Scotland SC044551 Statement of Balances As at 31 D¢cember 2024 2094 2023 Nuirb Bank & CSh ill baDd Op¢DiDg balaDc¢ SUrplu(DerICIt) forthe yexr CIoSillg balance5 24,084 13,700 37,7PA 24.Q84 Tolal olmonetry assets held 37.7tH 24J184 Reserves Unrestricted fvnds Designated fimds 37,784 17,186 6W8 37.784 Z*L084
Dunfem]line Free Church of Scotland Notes Iij the Fill<Lia[ Slalem¢nts foT ihe Y ended 31 December 2024 l. knounting Pulicies Accounting CoJLveiilion The fela] statements have beeD prepared u]er the historical cosL¢onY¢ntiofy and under the guideline5 laid down in the Slatement ofRecollcndCd Practice- Ac¢ouJLting and Reporting by Clwities {r¢i4s¢d2008). Basis of fmoneRxl teentS The fmaneial stAtcmcDts have been prepared a casb basis. Cburch Income All voluntary income Bnd bank intercst is &ccoullted forivhen Tec¢Aved. from tax r¢cov¢TieS on Gift Aid is accounted for wbcn TCCClVCd. "I'angible fjxed ossets Depr¢ciation iswTrvided 5ts1ety for internal reporting purpose3 at the following Tatss in ord¢T lo writo off cach asset over its estimated use7 lrf¢:_ etldProp¢rty- Mall5e 2% straight ItDe Ststtm¢ut of Financial Activities rorth¢ purpos¢ of the S&ement of financial Activities 85 shown on Aptthdix pa8e l. [1d5 are defined &% folloiv¥: UDr¢stricl¢d funds comprisc grdnts and other income received for the objtcts of the churdi withoui further.4p¥Lifivd piirposc and arc avai]ablc as gcnerai funds. DES1]ated fvnd5 rcprcs¢nl UDT¢strictcd fid5 which ILave been earniarknd by the Th18tees for partitular wry)ose& RUtrI¢d fulld5 fODJpri¥¢ ivhiLh been received for the objeffls of the church and spe¢ified for a resfricted purpos¢ Ivltbin tISe ubjeclb by diynor.
DLmfem]line Free Church of Scotland Notcs to the Receipts and Payments Accounts 'or theyear ended 31 December ?024 2. Tangltie fid Sets Freehold propcrty -Man5C Total Cosl Ai l January 21124 AddiiM)ns Disposats 279.586 279.586 Al ?[ Tr¢¢n*erJJ24 2Tr586 279.586 At l January 2024 a)0¢ toryear Elirninated on disposa]s 14,058 I48 Al 31 D¢c¢trb¢T .4 14.058 14,058 NdBuok VulN¥ At 31 Dmb¢[ J)24 265.)18 265528 At 31 D¢¢¢thr1723 27A486 tlnrestricted funds BakDce at OU01124 InC0J8 Resour¢e5 T¢sour¢¢s eyyended BA]ance at 'Iratisfe C¢n¢rnl Fund 17.186 9A430 (78.Q23) 2,192 37.784 lknlgnttiedfvnds." Mini¥l¢rin training Total designated fid8 898 Q898 2.750 456j 2.750 .456) 192 Total untestricted filrtds 99.180 (85.480) 37,784 The fieneral fuiid ¢ncnrnp8s5¢5 &11 i¢Tr and eJpetLditutr relating to the primr), focu% u¢liviii¢¥ o( the cha)ity. otherthall those for wbicb ffiJlldA)g is restricte llig Mini51cr in frainivg Fiind en¢onwass¢s all inconK alld ¢endIture T¢htiog to the PTirnury fu5 athiYiti¢5 Qf IrdinirLg a mini5t¢rund¢rtakeD by th¢ thur¢b.
- RL8trieted fllllds ]ncorning li¢sourc¢5 resourc¢s e>pended B&lancc at 3111¥24 01101124 Tr4nsfe Total rc5tri¢t¢d fvnds The clithrity reslricrfedfvlld S Summary of 4ssets 4lld liabilities held for Charitable purposes Assets at 31 De¢eJnber 2024 Freehold PTOPCrty- Man5Q Othei. dttbtur.5- accwed gift aid Sub-total Lcss.. Ouistaudillg l(7ZDS on FT¢¢hold property- Manse Total 2,5 26&U28 27&4>7 241 218 34.239 Liabililies Ut 31 December2O24 Trdillee Minister Sa]wy aCen Venue rental accrued Pulpil supply and (?Ihcr Grcditfjrs Remittances to Central lund 932 iy.o(M) 182 4J13 28.8 145 10,749 39,694 23,227 As noted in thc accounting policies (nole l), Ibtse ¥lat¢tlS hav¢ b¢¢n prepared OD a vd5h ba515. Aeeordingly. the liabiliti noted above are disClTrS lur iNfDrrnatiun purp05e5 0Diy, and baye oecordingly. hCe r¢c(oniscd 8iid presented on the face tsl tbe StsIcTntnl of Ralance5, io